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Phillips Edison acquires two more centers


Grocery-anchored center specialist Phillips Edison has announced the acquisition of two more centers, making it three for the week.

It purchased the 257,979-sq.-ft. Southern Palms in Tempe, Arizona, which is anchored by the fresh format grocer Sprouts and also houses Planet Fitness, Firehouse Subs, Sally Beauty, and West Marine Products.

The other new property in its portfolio is in Clermont, Florida, 22 miles outside of Orlando, Florida. The 64,050-sq.-ft. Golden Eagle Village has Publix as an anchor and includes Domino’s, AT&T, and Great Clips.

Earlier this week, Phillips Edison announced the purchase of the Mission Hills Shopping Center in Naples, Florida.

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